Data of 580,000 SIA customers compromised in cyber attack

5 Mar 2021 - Singapore Business Review
This did not affect passwords and credit card information, Singapore Airlines said. A cyber attack on international IT company SITA has affected 580,000 customers of Singapore Airlines (SIA). In a press statement, the flagship carrier said SIA was informed of the data breach involving its passenger service ...

Ascendas India Trust enters acquisition deal for first industrial facility

5 Mar 2021 - Singapore Business Review
The company will also provide funding for the development of the project. Singapore-headquartered Ascendas India Trust (a-iTrust) has entered into a forward purchase agreement with Casa Grande Group to acquire its first industrial facility located at Mahindra World City, Chennai, according to its trustee ...
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Daily Briefing: SG to deploy network of climate sensors across island; Raena bags $11.98m Series A funding

4 Mar 2021 - Singapore Business Review
And registration of new diesel cars, taxis to end in 2025. From ChannelNewsAsia: Singapore plans to deploy a network of climate sensors across the country, as part of efforts to mitigate the effect of a phenomenon known as the urban heat island effect. Delivering her speech during the Committee of Supply ...

After false start, STI rises by 0.48%

5 Mar 2021 - Singapore Business Review
The Straits Times Index closed on Thursday at 3,014.78, up by 14.41 points or 0.48%. Most Asian stocks traded lower as they tried to escape the worst of yesterday's tech sell-off. About 3.12-billion securities worth S$1.64-billion changed hands, with decliners outnumbering advancers, 251 to 217. The ...
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Singapore may be first APAC country to get herd immunity: report

5 Mar 2021 - Singapore Business Review
It needs to open its economy to visitors without having to quarantine. Singapore can possibly be the first country in Asia Pacific to achieve herd immunity, as it expects to complete its vaccination programme sometime in Q3 2021, according to a report by Moody’s Analytics. The country started to inoculate ...

Aztech Global launches IPO in SGX mainboard

5 Mar 2021 - Singapore Business Review
The company aims to raise $297m from the sale of the shares. The technological unit of Aztech Group, Aztech Global Ltd, has launched an initial public offering (IPO) of 68.12 million shares in the mainboard of the Singapore Exchange Securities Trading Limited. Each share will be priced at $1.28 cents. ...

Singapore ranks 8th in global talent attractiveness: study

5 Mar 2021 - Singapore Business Review
It’s Southeast Asia’s most favoured destination for remote work. Singapore has moved up 10 spots to 8th place in terms of being an attractive location for global talent worldwide, according to a new study by management consulting firm Boston Consulting Group (BCG) and recruitment platform alliance The ...

Medtecs International to sustain high profit margin: DBS

5 Mar 2021 - Singapore Business Review
This is despite the expected drop in demand for PPEs. Medtecs International Corporation will continue to have soaring profits despite vaccine rollouts bringing down the demand for personal protective equipment (PPE) and average sale prices (ASP) decline, according to DBS Group Research. DBS Group Research ...
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SGX reveals five most traded tech stocks in 2020

4 Mar 2021 - Singapore Business Review
The five stocks saw $70m a day in combined daily trading turnover. Singapore’s five most traded technology stocks over the first nine weeks of 2021 have been AEM Holdings, Venture Corporation, UMS Holdings, ISDN Holdings and Nanofilm technologies International, according to Singapore Exchange. “Sector ...
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Sembcorp Marine clinches $500m sustainability-linked loan from DBS

4 Mar 2021 - Singapore Business Review
This is reportedly the first SORA-based, sustainability-linked loan in Singapore's maritime industry. Sembcorp Marine, through its wholly owned subsidiary Sembcorp Marine Financial Services, has secured a $500m sustainability-linked financing facility referencing the Singapore Overnight Rate Average ...
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